MicroStrategy (MSTR) shares closed at $520.24 on Friday, a new high since mid-January 2022; the market value exceeded $7.553 billion.
According to previous news, MicroStrategy co-founder Michael Saylor recently gave a comprehensive outlook on the future development trajectory of BTC at the 2023 Australian Cryptocurrency Conference. He talked about the BTC halving event in 2024 and predicted that next year will be crucial for BTC, and it will become a "mainstream asset in its adolescence stage" by the end of next year.
Looking forward to 2024-2028, Saylor expects BTC to enter a high-growth stage, and it is expected that large global technology industries and large banks will widely adopt BTC and integrate it into their respective products and services.
In addition, he also pointed out that major financial institutions such as JPMorgan Chase, Morgan Stanley, Goldman Sachs, Bank of America, and Deutsche Bank may be involved in activities such as issuing loans, providing mortgages, customizing, and buying and selling Bitcoin.
From a long-term perspective of approximately 25 years, Saylor predicts that BTC will dominate all high-quality assets, highlighting its potential to outpace the growth of the S&P 500 and diversified portfolios.